Download This PaperShallow Lake Economics Run Deep: Nonlinear Aspects of an Economic-Ecological Interest Conflict
Tinbergen Institute Discussion Paper 09-033/1
2 Pages Posted: 21 Apr 2009
Date Written: April 21, 2009
Abstract
Outcomes of the shallow lake interest conflict are presented in a number of different contexts: quasi-static and dynamic social planning, and quasi-static one-shot and repeated non-cooperative play. As the underlying dynamics are non-convex, the analysis uses geometrical-numerical methods: the possible kinds of solutions are efficiently classified in bifurcation diagrams.
Keywords: Shallow lake, optimal management, dynamic games, bifurcation analysis
JEL Classification: C61, C73, Q57
Suggested Citation: Suggested Citation
Wagener, Florian O.O., Shallow Lake Economics Run Deep: Nonlinear Aspects of an Economic-Ecological Interest Conflict (April 21, 2009). Tinbergen Institute Discussion Paper 09-033/1, Available at SSRN: https://ssrn.com/abstract=1392722 or http://dx.doi.org/10.2139/ssrn.1392722
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